Chicago · Commercial sale

Apartment building at 1243 Homestead Rd in La Grange Park sells for $1.1 million

An apartment building at 1243 Homestead Rd, La Grange Park sold for $1,100,000 on August 7, 2026. See the seller and buyer net sheets for this sale.

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Aerial view of 1243 Homestead Rd, La Grange Park with the parcel outlined
Aerial photo: U.S. Geological Survey. Parcel outline: Cook County Assessor. The photo can predate the sale.
Sale price
$1,100,000
Sold
August 7, 2026
Property type
Apartment building
Lot size
11,060 sq ft

An apartment building at 1243 Homestead Rd in La Grange Park sold for $1,100,000 on August 7, 2026, according to the Cook County Assessor's sales records. The price was 49% above the last sale on record, $740,000 in 2021.

The Assessor's records show an 11,060-square-foot lot and a market value of $570,000. The sale price was 93% above that value.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Cook County?

By our estimate, the seller's two largest charges, not counting prorations, were $3,675 for the owner's title insurance policy and $1,100 for the state real estate transfer tax. Who pays what follows Cook County custom.

How much did the seller net?

By our estimate, the seller netted about $1,067,820. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $1,076,002 at closing. That covers the full price and closing costs.

Run this net sheet with your numbers (free)

1243 Homestead Rd, La Grange Park, IL.

Source: Cook County Assessor, parcel sales (Cook County Open Data), document 2622522246. Property details: Cook County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.

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